A Step-by-Step-Guide on how to buy Electra (ECA)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Electra (ECA) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Electra (ECA) Once your deposit has been approved, you will instantly have access to your finances and you can launch buying and trading. To purchase Electra (ECA) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot Electra (ECA), you will need to put the short name of the asset (ECA) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we've marked this too. Click on “ECA/BTC” to progress.
Step 4 – Acquisition of Electra (ECA) As soon as you've located Electra (ECA), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Electra (ECA) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of ECA you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of ECA. If you're happy, make a mouse click on “Buy ECA”. Your plan will be filled as soon as a Vender sells their ECA for the price you gave.
Step 5 – Withdraw Electra (ECA) Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your Electra (ECA), go to the tab called “Funds” and mouse click on “Withdraw”. Electra (ECA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Electra (ECA) by using the provided drop-down box. Enter the quantity of Electra (ECA) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.